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The government has set its sights on Elbrus: Rosatom state Corporation will buy a controlling stake in MCST

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Rosatom State Corporation wants to acquire a controlling stake in the domestic developer of processors "Elbrus" JSC MCST. The decision will be made this year.

The source writes that Rosatom is acting on behalf of the government, where they are dissatisfied with the performance of the MCST. The entire MCST company is estimated at the level of 5-7 billion rubles. Sources report that Rosatom is already preparing for the start of the deal.

MCST CEO Alexander Kim said that "information about a possible purchase of the company by someone is just rumors." His deputy Konstantin Trushkin added that he "doesn't know anything about it" and refused to specify the composition of the company's shareholders. Rosatom declined to comment.

JSC MCST was established in 1992, the authorized capital of the company is 3 million rubles. 99.88% of the shares of JSC "citizens of the Russian Federation", another 0.08% - from the Lebedev Institute of Precision Mechanics and Computer Engineering of the Russian Academy of Sciences (JSC ITMIVT), 0.04 - from JSC "Research Institute of Super-computers". The source claims that over the past few years, a controlling stake (about 70%) has been concentrated in the hands of Alexander Kim. At the end of 2018, the net profit of the MCST amounted to 40 million rubles. with revenue of 2 billion rubles .

The volume of contracts has been steadily declining in recent years. In 2017, the company completed six contracts worth 2.6 billion rubles, and in 2019 — only one, for 1.3 billion rubles. In December, it became known that the MCST won the tender for the development of the Elbrus 32C processor, having received 7.14 billion rubles from the Ministry of Industry and Trade. A year earlier, the company won a similar tender, but its results were canceled.

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